Aspen University Announces Fiscal Year End Growth Milestones
Aspen Group Inc. (ASPU)
NASDAQ:AMEX Investor Relations:
ir.aspen.edu
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Source: GlobeNewswire
Over 3,000 Students or 65% of Active Student Body Utilizing a Monthly Payment Method Total Active Student Body Grows to 4,681; BSN Program Now Represents 45% of Active Student Body NEW YORK, May 22, 2017 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB:ASPU), a post-secondary education company, today announced that Aspen University has over 3,000 students or 65% of its active student body now utilizing monthly payment methods to pay for their education. In the fiscal fourth quarter ending April 30, 2017, Aspen increased its total monthly payment method students by 485 for the quarter (or ~160/month), surpassing last quarter’s pace of ~120/month. The total contractual value of monthly payment plan students now exceeds $26.5 million which currently delivers monthly recurring tuition cash payments of approximately $780,000. Aspen’s BSN program ended at 2,104 active students at fiscal year-end April 30, 2017, and grew by over 110 active students per month throughout the fiscal fourth qua
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